Tax
Tax News & IRS Insights for Accounting Professionals
Accounting Today delivers news and analysis for accounting and tax professionals on federal and state tax developments, IRS guidance,information reporting, and operational implications for practices and clients. Our coverage focuses on legislative and procedural shifts that tax practitioners must monitor in planning, compliance, and advisory contexts.
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How can tax leaders "open the lid" enough to deliver the right transparency and accountability, without unleashing unmanaged data flows and compliance risk?
November 27
TMF Group -
The American Institute of CPAs has sent a letter to the Multistate Tax Commission recommending changes in a proposed approach to sourcing of partnership income.
November 26
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The IRS and the Treasury are asking for comments on regulations they plan to propose for a new tax credit for donating to organizations that give scholarships.
November 26
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Republicans are divided on whether to extend premium tax credits, loathed by the GOP's right flank because of the costs and lingering opposition to former President Obama's legislative achievement.
November 26
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Understanding the authority, eligibility criteria and automation advantages of the program will be essential for firms representing clients before the IRS.
November 25
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In Notice 2025-69, the IRS and the Treasury offer clarifications and examples of how to claim the One Big Beautiful Bill Act deductions.
November 24
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Staff have begun working through the backlog of correspondence and messages, and are expected to begin reaching out to tax pros and taxpayers soon.
November 23
